Abrdn Asia Pacific Income Fund VCC : Announces Results of Annual General Meeting
March 09, 2022 at 08:43 pm EST
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TORONTO, ON / ACCESSWIRE / March 9, 2022 / abrdn Asia-Pacific Income Fund VCC(TSX:FAP) (UEN: T21VC0235H) (the "Company"), a closed-end investment company trading on the Toronto Stock Exchange, announced today the results of the Annual General Meeting of Shareholders (the "Meeting"), held on March 9, 2022 in Singapore. The Company is pleased to announce that shareholders have approved all resolutions.
The description of the Meeting proposals are as follows:
Fixing Number of Directors
The number of directors of the Company was fixed at six (6) directors, by an ordinary resolution passed by 11,513,319 (99.34%) votes for and 76,903 (0.66%) votes against.
2. Election of Directors
The six nominees listed in the management information circular for the 2022 Annual General Meeting of Shareholders of the Company were elected as directors of the Company at the meeting of shareholders.
Detailed results of the vote for the election of directors held at the meeting are set out below:
Director
Votes For
Votes Withheld
Radhika Ajmera
6,746,187 (58.21%)
4,844,035 (41.79%)
William J. Braithwaite
10,164,862 (87.70%)
1,425,360 (12.30%)
P. Gerald Malone
6,724,222 (58.02%)
4,866,000 (41.98%)
Henny Muliany
6,724,238 (58.02%)
4,865,984 (41.98%)
Warren C. Smith
6,729,865 (58.07%)
4,860,357 (41.93%)
Hugh Young
6,716,181
(57.95%)
4,874,041
(42.05%)
3. Election of Auditor
The firm KPMG LLP, Singapore was appointed as the auditor of the Company for the fiscal year ending October 31, 2022 by a resolution passed by 11,605,320 (99.48%) votes for and 60,646 (0.52%) votes withheld.
Final voting results on all matters voted on at the meeting will be filed on SEDAR at www.sedar.com.
If you wish to receive this information electronically, please contact Investor.Relations@abrdn.com
https://www.abrdn.com/en-ca/canadaclosedend
For More Information Contact:
abrdn Asia-Pacific Income Fund VCC
Investor Relations
1-800-992-6341
Investor.Relations@abrdn.com
SOURCE: abrdn Asia-Pacific Income Fund VCC
View source version on accesswire.com:
https://www.accesswire.com/692431/Abrdn-Asia-Pacific-Income-Fund-VCC-Announces-Results-of-Annual-General-Meeting
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abrdn Asia-Pacific Income Fund VCC published this content on 10 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2022 01:42:01 UTC.
abrdn Asia-Pacific Income Fund VCC is a Singapore-based closed-end investment company. The investment objective of the Company is to obtain current income and achieve incidental capital appreciation from investment in long-term debt securities. The Company seeks to obtain these objectives primarily from investment in long-term debt securities. The Company also invests up to 100% of its total assets in Asia-Pacific debt securities. The Companyâs investment portfolio is present in countries which include India, Indonesia, China, Australia, Malaysia, Pakistan, United Kingdom, Mexico, Ukraine, Thailand, United Arab Emirates, Uruguay, Egypt, Bahrain, South Africa, Nigeria, Brazil, Philippines, Mongolia, Kuwait, United States and Oman, among others. The investment manager of the Company is abrdn Asia Limited.